The European Single Currency depreciated against the US Dollar, following US ADP Non-Farm Employment Change data release on Wednesday at 12:15 GMT. The EUR/USD exchange currency rate lost 5 pips or 0.05% during a minute, right after the release. In the next minutes the rate was trading at the 1.1540 level.
The Automatic Data Processing, Inc. released the US ADP Non-Farm Employment Change data that came out better-than-expected of 230K , compare to forecasted 185K.
Ahu Yildirmaz, vice president and co-head of the ADP Research Institute said: "The labor market continues to impress. Both the goods and services sectors soared. The professional and business services industry and construction served as key engines of growth. They added almost half of all new jobs this month."
| Historical Data Table: ADP Non-Farm Employment Change | Economic Calendar for 05.10.2018 | ||||||||
| Date | 04.04.2018 | 02.05.2018 | 30.05.2018 | 05.07.2018 | 03.10.2018 | 1:30 AM | AUD Retail Sales m/m | ||
| Actual | 241K | 204K | 178K | 177K | 230K | 12:30 PM | CAD Employment Change | ||
| Forecast | 208K | 200K | 191K | 191K | 185K | 12:30 PM | US Average Hourly Earnings m/m | ||
| Initial Reaction on Main Pairs | SWFX Sentiment Indexes | ||||||||
| Open Price | Close Price | % Change | Longs | Shorts | |||||
| AUD/USD | 0.7152 | 0.71481 | -0.05% | AUD/USD | 67.51% | 32.49% | |||
| EUR/USD | 1.1548 | 1.15444 | -0.03% | EUR/USD | 58.33% | 41.67% | |||
| USD/JPY | 113.828 | 113.864 | 0.03% | USD/JPY | 38.16% | 61.84% | |||
| NZD/USD | 0.6554 | 0.65529 | -0.02% | NZD/USD | 59.83% | 40.17% | |||